Finastra is all set and has opened registration for its annual hackathon: Hack to the Future 2020. This year the global event is entirely virtual and its themes reaffirm the company’s mantra to help redefine finance for good. Prizes up for grabs include cash, platform certification fees waived, internship and coaching opportunities and the possibility to onboard projects into Finastra’s FusionStore app marketplace.
Finastra is making its open developer platform FusionFabric.cloud, underpinned by Microsoft Azure and over 130 APIs available. Participants are encouraged to:
Handle Universal disparities: Including banking the unbanked/underbanked, socially responsible investments and environmental, social and corporate governance (ESG), building inclusive technology and driving financial literacy
Overpower COVID-19 obstacles: Harnessing digital technology, embedding fintech across industries, finding new growth streams and managing risk in challenging times
Embrace technology advancement: Including establishing ecosystems beyond finance, cross business intelligence layers with AI, reimagining transaction flows with Distributed Ledger Technology (DLT) and integrating physical and digital experiences
“The pandemic has intensified some of the world’s most challenging issues such as poverty, inequality and exclusion. Digital infrastructure and technology are providing the platform to transform financial services, and we have the opportunity to create better, fairer and more inclusive outcomes for people, businesses and communities around the world. We are excited to see the innovative ideas that our global hackathon will generate,” said Chirine Ben Zaied, Head of Innovation at Finastra.
Number of banks, leading consultancies and technology companies are supporting this event including Accenture, BNP Paribas Personal Finance, Capgemini and Google Cloud.
Elise Broumm Tarhat, Smart’Up and Ideation Lead, Wenov by Attijariwafa bank noted, “We’re proud to support this event which encourages innovation for good. We are excited to see some of the projects that come out of this as there are bound to be some ideas that could have a significant impact on our customers and society.”
Hackathon project submissions close on November 22, 2020 with winners declared in December, following live judging. Accenture mentors will support a separate kids’ ‘hackathon’ stream, where young people ages 10-18 years old can get involved and submit their ideas around hacking systemic inequalities by video and presentations, contributing to a better world (no coding required).
“Hack to the Future is a great way for the entire financial ecosystem to come together and develop solutions. We have seen first-hand the collaborative efforts of Finastra teams through our own projects, and we have no doubt that great projects will come out of this hackathon,” added Driss Bennouna, Deputy Managing Director in charge of Technology, Organization and Quality Services at CIH Bank, a Finastra customer.
